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CRYPTOMARKET
  • Major Russian Bank Looks To Pilot Crypto Transactions In Switzerland

    Major Russian state-owned bank Gazprombank will be conducting pilot cryptocurrency transactions in Switzerland, local news outlet Vedomosti reported March 29. According to Aleksandr Sobol, the Deputy Chairman of the Board at Gazprombank, Switzerland was chosen due to the more liberal crypto legislation in the country. Sobol said that “some kind of pilots” will “of course” […]
  • OKEx Resolves Futures Price Slip Impact As Trader Threatens Suicide

    Hong Kong cryptocurrency exchange OKEx announced it would take steps to address its Bitcoin futures contracts March 30 after “abnormal” pricing saw one user even threaten suicide at its head office. In a message to traders, OKCoin’s exchange, whose quarterly futures market posted significantly lower BTC/USD readings than the global market this week, blamed the […]
  • South Korea’s Major Internet Conglomerate Kakao Officially Announces Blockchain Subsidiary

    Kakao Corp, the major internet conglomerate and service provider for popular South Korean messaging app KakaoTalk, has officially introduced a new business plan, Kakao 3.0, that includes plans for opening a Blockchain platform aimed at the wider Asian markets, local news outlet Yonhap News reported yesterday, March 27. Earlier this month, Kakao had already tentatively announced the […]
  • China: PBOC Begins Blockchain Rollout With ‘Blockchain Registry Open Platform’

    China’s central bank realized the first of what will likely be many Blockchain implementations in the form of the Blockchain Registry Open Platform (BROP), released Monday, March 26. Unveiled at the Global Financial Science and Technology Summit in the city of Hangzhou, BROP is an open Blockchain protocol developed by the Zhongchao Blockchain Research Institute. […]
  • Singapore, Japan Associations Sign Agreement For Joint Fintech Development

    The Singapore Fintech Association (SFA) and the Fintech Association of Japan (FAJ) have signed a Memorandum of Understanding (MOU) in order to collaborate on fintech development, according to a joint press release published on Monday, March 26. The press release notes that the agreement will “raise the profile of the Japanese fintech industry and promote […]
  • Australia’s Tax Office Seeks Public Feedback On Taxing Cryptocurrency

    The Australian Taxation Office (ATO) posted a bulletin yesterday, March 26, asking for the public’s input on cryptocurrencies, specifically in regards to tax obligations. The tax regulator notes in yesterday’s bulletin that while they have asked for advice on crypto in the past, a growing interest in the specifics of taxing crypto prompted this additional […]
  • Belarusian Ministry Of Finance Releases Cryptocurrency Accounting Framework

    Belarus has officially introduced cryptocurrency accounting standards, according to a March 6 document by the Ministry of Finance, local news outlet Jourtify reported yesterday, March 25. The document lays out the information needed about tokens for accounting purposes, as well as how to categorize tokens received by organizations (excluding the National Bank, Development Bank, non-financial […]
  • German Securities Exchange Deutsche Börse Group Partners With HQLAx

    Deutsche Börse Group, a German marketplace for securities trading, will release a Blockchain-based platform for securities lending in collaboration with HQLAx using R3’s Corda Blockchain platform, the company announced in a press release today, March 26. Finance Magnates writes that the partnership will create a “fully integrated front-to-back operating model” in order to “facilitate more […]
  • Controversial Tether Issues $300 Mln In New Tokens, Critics React

    Tether, the altcoin backed by fiat currencies USD and EUR, has issued another 300 mln USDT tokens priced at $1 per token on Tuesday March 20, according to data from Omni Explorer. In mid-February, Tether had released 86 mln in euro-backed EURT and 61.1 mln in US dollar-based USDT on the Ethereum (ETH) Blockchain. Bitfinex’ed, […]
  • Gibraltar

    Gibraltar: ‘200’ ICOs Waiting To Launch On New Blockchain Exchange, Managing Director Claims Gibraltar has already attracted “200” prospective ICOs ahead of the planned launch of its Gibraltar Blockchain Exchange (GBX), an official announced March 20. Speaking to Financial Times, GBX chief executive Nick Cowan said that companies have shown huge interest in launching token […]
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